Lime Rock Raises $688 Million for New Investments in the Oil Patch

Lime Rock Partners collected nearly $700 million for its latest oil-and-gas fund, which the firm wrapped up after investing roughly half of the pool’s capital.

The Houston firm said it raised $688 million in capital commitments for Lime Rock Partners VIII LP and an affiliated co-investment vehicle. Lime Rock will invest the fund in oil-and-gas upstream and services companies focused on shale plays in the U.S., according to a news release.

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